3 Pot Stocks That Will Benefit From New York's Legalization of Adult-Use Marijuana
On Tuesday night, the New York State Senate passed a bill to legalize recreational marijuana. The following day, Gov. Andrew Cuomo signed the bill into law. These moves happened quickly, just days after the governor and other state lawmakers announced an agreement to legalize adult-use marijuana sales in the state. This momentous event makes New York the fifteenth state in the country to legalize recreational marijuana.
This is a huge deal for the industry; New York is the second-most-populous state (behind California) to approve adult-use cannabis sales. I have a few stocks in mind, which are already active in the state, that are especially well-poised to benefit from legalization.
Image source: Getty Images.
Source Fool.com
